Fair point but I would like address some of this.
28 Jan 2022, 17:46
Fair point but I would like address some of this.
We have had lots of meetings internally about how best roadmap into better days.
Lets talk about some of the points:
Focusing on core Bison products:
The indexes did not attract much liquidity when not supported by farms. Cant sustain farming as it makes tokens drop in value due to dilution. Look at Apeswap token.
So came YBFs…super high yield farms but not much liquidity either when not supported by farms.
Gaur was designed to catch current market trends while allowing to build commununity on Cronos network. Didn’t play out as panned both in v1 and v2.
Dev Team is building other products. We are fairly deep into a stablecoin YBF that we think stablizes the OHM model but with OHM falling apart we have to see what happens there.
yesterday I proposed a stablecoin YBF that can be staked to mint a fully backed stablecoin which can then be used to mint more YBF and repeat process..multifold stables. we have to test it out also internally.
So its not as we are not innovating or working on solutions. They do take time.
As for other projects. All founders help other projects. Experience is always needed. When I was introduced to Qouth team of course I asked how I could help. I did help. I helped design some of the utility for the system and expect their core team to do a good job with it.
BiShares is our core project and we always looking for ways to expand utilty and find a way to bring bigger volume to the project.
The pump we had a few months ago did more harm than good. A marketer painted us a vision of helping grow internationally but instead did a quick blast that left many underwater. We would have prefered our gradual growth we had going on.
Right now we have taxed GAUR and will leave it as such for the time being.
We will continue building out the new stablecoin YBF which backs a OHM style treasury which all focuses on BISON.
We will gauge how the core community responds after its release and then we will look back on marketing after.